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Wyoming Couple Charged in Offshore Tax Case

A federal grand jury in Cheyenne, Wyo., has charged a Sheridan, Wyo., couple with conspiring to defraud the Internal Revenue Service and with tax evasion involving secret accounts on the Caribbean island of Nevis.

According to the indictment, which was released Thursday by the U.S. Department of Justice, Robert Sathre sold a business and received installment payments in 1995 and 1996 of more than $3 million. He concealed his income by filing a 1995 tax return in which he reported only $64,298 in total income. Later, he and...